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The Effects of Zoning Regulations along Fault Zone Areas on Land Development and Property Values after the 921 Chi-Chi Earthquake in Taiwan

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  • Tzu-Ling Chen

    (Department of Urban Development, University of Taipei, Taipei 11153, Taiwan)

  • Hsueh-Sheng Chang

    (Department of Urban Planning, National Cheng Kung University, Tainan 70101, Taiwan)

Abstract

Earthquakes are widely recognized as unpredictable and infrequent disasters that result in serious impacts on human settlements. Land use planning is one non-structural measure used to eliminate disaster risk by steering future development away from the existing built environment and enforcing particular structural engineering measures according to the disaster risk. However, arguments have arisen about applying land use planning to earthquake risk areas, as this serves as a type of disaster risk information disclosure that might impact the willingness to develop land or property value. Therefore, this study uses the spatial autocorrelation coefficient to examine the impact of land use planning on both land use and property transactions in the Chelungpu fault zone area (15 m from each side of the fault line) in Taiwan. The overall impacts with and without zoning regulation in the fault zone area are explored. The results demonstrate that parcels that changed to building use in the earlier time period (1995–2008) are located distant from those maintaining the same building use, whereas, later, building use (2008–2014) is located on or nearby the fault zone area. In addition, the most recently constructed buildings are located in or close to the fault zone area and have a relatively higher property price. The legal zoning regulation along the fault zone for building use requires lower height and less intensive building, which might help mitigate the potential impact of future earthquakes.

Suggested Citation

  • Tzu-Ling Chen & Hsueh-Sheng Chang, 2018. "The Effects of Zoning Regulations along Fault Zone Areas on Land Development and Property Values after the 921 Chi-Chi Earthquake in Taiwan," Sustainability, MDPI, vol. 10(4), pages 1-15, April.
    • Handle: RePEc:gam:jsusta:v:10:y:2018:i:4:p:1175-:d:141003
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    References listed on IDEAS

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    1. Masayuki Nakagawa & Makoto Saito & Hisaki Yamaga, 2009. "Earthquake Risks And Land Prices: Evidence From The Tokyo Metropolitan Area," The Japanese Economic Review, Japanese Economic Association, vol. 60(2), pages 208-222, June.
    2. Bernknopf, Richard L. & Brookshire, David S. & Thayer, Mark A., 1990. "Earthquake and volcano hazard notices: An economic evaluation of changes in risk perceptions," Journal of Environmental Economics and Management, Elsevier, vol. 18(1), pages 35-49, January.
    3. Dale-Johnson, David & Yim, Hyang K, 1990. "Coastal Development Moratoria and Housing Prices," The Journal of Real Estate Finance and Economics, Springer, vol. 3(2), pages 165-184, June.
    4. Brookshire, David S & Thayer. Mark A & Tschirhart, John & Schulze, William D, 1985. "A Test of the Expected Utility Model: Evidence from Earthquake Risks," Journal of Political Economy, University of Chicago Press, vol. 93(2), pages 369-389, April.
    5. Daniel A. Griffith, 2003. "Spatial Autocorrelation and Spatial Filtering," Advances in Spatial Science, Springer, number 978-3-540-24806-4, Fall.
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    Cited by:

    1. Jing-Shia Tang & Jui-Ying Feng, 2018. "Residents’ Disaster Preparedness after the Meinong Taiwan Earthquake: A Test of Protection Motivation Theory," IJERPH, MDPI, vol. 15(7), pages 1-12, July.
    2. Teodor Skotarczak & Malgorzata Blaszke, 2021. "Impact of Land Use Change on the Value of Tourist Property," European Research Studies Journal, European Research Studies Journal, vol. 0(Special 3), pages 497-508.
    3. Daniel Lo & Kwong Wing Chau & Siu Kei Wong & Michael McCord & Martin Haran, 2022. "Factors Affecting Spatial Autocorrelation in Residential Property Prices," Land, MDPI, vol. 11(6), pages 1-16, June.

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